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TAX-FREE SHARES ACCOUNT

Invest in shares - tax free

RMB Private Bank's Tax-Free Shares Account offers tax-free investment in the top 100 companies listed on the Johannesburg Stock Exchange (JSE), with a minimum investment of R300 per month or a minimum of a R1 000 once-off lump sum.

Benefits

PAY NO TAX

All returns and dividends are tax free.

INVESTMENT CONTRIBUTIONS

The maximum investment is R36 000 per tax year and the maximum lifetime contribution is R500 000.

MONTHLY OR LUMP-SUM INVESTMENT

Investments from as little as R300 per month or a minimum of a R1 000 once-off lump sum.

DIVERSIFIED PORTFOLIO

Our tax-free savings products offer you a great opportunity to diversify your investment portfolio.

LOW FEES

Low monthly fees of 0.5% (plus VAT) per annum.

EASY ACCESS TO THE JSE

The easiest way to gain access to the JSE and invest in the top 100 companies on the JSE.

What you pay

  • No monthly account fees
  • You need a qualifying RMB transactional account
  • Tax-year contribution limit of R36 000
  • Lifetime contribution of R500 000
  • Cash transfers out of your Tax-Free Shares Account is available from 1 March
All share prices are 15 minutes delayed. Fees are subject to an annual review.
 
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Transaction fees

Trade option First trading day of the month Today at 3pm
Brokerage fee 0.12% plus VAT 0.60% (min R50) plus VAT
Investor protection levy Included above 0.0002% plus VAT
STRATE settlement charge Included above 0.005787% (minimum R9.17, maximum R80.84) plus VAT
Securities transfer tax (on share purchase) Not applicable Not applicable
All share prices are 15 minutes delayed. Fees are subject to an annual review.